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Treasury Index CD

Earn a market rate without stressing over market trends

If you have some extra cash, but not the time nor certainty on where to deposit it, our Two-Year Treasury Index CD may be just right for you!

Traditional Certificates of Deposit (CDs) offer a fixed rate, but when rates are all over the place, it can be tough to time your deposit just right. And bad timing on a CD can haunt you for a while. But with our Two-Year Treasury Index CD, your rate is matched to the Wall Street Journal 3-Month Treasury rate and changes quarterly. As the government treasury rate moves, so does the rate on your CD.

No more stressing about managing your money or guessing about the right time to lock in your CD. Just a great rate without the headache!

Variable rate matched to 3-Month Treasury Rate
Open with just $100
Add funds during first 30 days
FDIC insured

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Online Value. New Jersey Bank.

Earn more with our online rates that consistently beat traditional banks

Keep your dollars in the Garden State and help our local economy

Get support from an actual person when you need it

Backed by an FDIC-insured bank with more than 130 years of great savings and service

Open Your Account in One Easy Session

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Begin our secure (and fast) account opening process

Verify Your Account
Confirm the micro-deposits Amboy put in your external account

Fund the Account
Transfer your money from an existing account. That's it!

FAQs

How do I fund my Treasury Index CD?

After you begin the secure account opening process and enter the required information, you will then be asked to confirm the microdeposits in your linked external account. Then you'll transfer the funds from your linked account to your new Amboy account.

How often does the Treasury Index CD rate change?

The rate on our Treasury Index CD changes quarterly, and is matched to the Wall Street Journal 3-Month Treasury rate, ensuring you're always receiving a fair market rate.

How often is the interest credited to me?

At application, you will be prompted to open an eSavings account, along with your Treasury Index CD. Interest from your CD is credited to the eSavings account quarterly. The funds in your eSavings account will also earn interest, and you can access the money in your eSavings account at any time.

What are the requirements to open an account online?

Opening an account online is easy and takes less than ten minutes. You need to be at least 18 years old and a citizen or Resident Alien of the United States (some accounts also require New Jersey residency). Please have your Social Security Number, a photo ID, and your external funding information handy.

What is Amboy Direct?

Amboy Direct is the online division of Amboy Bank, a New Jersey institution that has been around for more than 130 years. We’ve also been voted “Best Bank” for more than 20 consecutive years!

How secure is Amboy Direct?

Our account opening process and Digital Banking platform employ state of the art security practices, so you can rest assured that your information is safe.

Listen to the Experts

Terms & Disclosures *$100 minimum to open. 24-month CD. Balances from $25,000 - $500,000 earn 4.30% Annual Percentage Yield (APY), under $25,000 earns no interest. Rate changes quarterly. Competitor information is from bank survey on 3/31/2025 and based on $25,000 balance. Early withdrawal penalties may apply. Offer is available for new money not currently on deposit at Amboy Direct. $500,000 maximum per household. Not available at Amboy branches.